Found out this afternoon that we passed ROFR!!
Have there been any taken on his board? I don’t think anything has been.
That was January, just passed at $134
140 to 145 is so close. If you split the difference that’s only $250 at that point. If you love the contract $250 isn’t making a difference overall.
You can also consider paying $145 and asking seller to pay closing costs. At least, that's my exact accepted offer a few years ago ($145, 100 points, seller paid closing).
Great idea! How long ago was that offer accepted? Just trying to gauge where prices are currently compared to recent years.You can also consider paying $145 and asking seller to pay closing costs. At least, that's my exact accepted offer a few years ago ($145, 100 points, seller paid closing).
You can also consider paying $145 and asking seller to pay closing costs. At least, that's my exact accepted offer a few years ago ($145, 100 points, seller paid closing).
I missed the pass at $134. That is very heartening.
I think I’m going to try $145 and have seller pay closing costs.
May I ask where?
Aulani - totally forgot to mention that (just updated my post)
Congrats on a great deal! It sounds like it hasn't been taking quite 40 days to pass ROFR so be prepare to move funds sooner than that. First is there will be documents to sign from both buyers and sellers and you will pay an earnest deposit before contract is sent off to disney. Typically is 10% but Mason will let you put down as much as $5000 on a cc. ROFR is looking around 12 days currently. Once Disney waives your contract, you pay the remaining balance to escrow. Escrow will let you know when your contract is closed and then you wait for Disney to send you an email with your new account info (if new owner). You can check the closing thread on how long that part is taking. My last contract took about 50 days from bid accepted to points in my account and I'm expecting my current one to go so much faster! ROFR lady is already working on contracts submitted on 2/20.
Was it really a great deal? or just what the true current market rate is? If an offer that far below asking was accepted you have to believe it was the highest or maybe only offer they received. How old was the listing?
All joking aside, I believe if sellers are only getting what they perceive as "lowball" offers and nothing close to their inflated asking prices reality may begin to sink in that their contracts are not worth nearly as much as they think. I feel offering lowball offers do help to get the prices that are accepted to drop.
